Help - Search - Members - Calendar
Full Version: 0% to 10% down loan needed for hotel in ohio
LoanUniverse Community > Community Forums > Loanuniverse Forums
Anish Shah
Seeking lenders that can finance national franchise hotel in ohio with borrower injecting 0% to 10% down. Borrower has over 20 years hotel ownership experience and currently owns Hilton family of hotels in Ohio.

Please email cmhdl_hampton@hilton.com

Thanks.
loanuniverse
Anish:

Good luck finding hotel financing. It has been my experience that most bank lenders avoid doing this type of financing, and I am in an area where tourism is a one of the top industries.
Commercial Lender
Yep! Hotels usually yield a 60% LTV. Best bet would be hotel franchise it self, most have financing arms. Some hard money guys may beinterested if he either has (a) allows a first lein on the other hotel or (cool.gif this hotel is already constructed and has good financials.
avatarfi
We may be able to help you out, depending on your situation. If nothing else, we can at least provide a referral to someone who is reliable in the industry. I wasn't clear on your situation - are you seeking to purchase an existing property, or build one?

You can get in touch via the sig, or through PM system. Good Luck!
p cinguina
Edit: Financial professionals must register
APCapitalFinancial.com
You won't find that in any type of Bank or Conduit...

Your best bet is Hard$
NC Properties & Financial Sv
QUOTE(Anish Shah @ Nov 22 2004, 03:40 PM)
Seeking lenders that can finance national franchise hotel in ohio with borrower injecting 0% to 10% down.  Borrower has over 20 years hotel ownership experience and currently owns Hilton family of hotels in Ohio.

Please email cmhdl_hampton@hilton.com

Thanks.
*



We are a funding acquisition company with the ability to fund various projects thru our private investors and lenders. After researching your project, we found it to be quite interesting and would like to entertain the opportunity to provide funding. If our offer is of interest to you and your company or your client, please let us know. Please let us know how much equity your company is contributing to your project. Please explain just what type of hotel you are planning to build.


N.Caffee, President/CEO
NC Properties & Financial Svs
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2008 Invision Power Services, Inc.